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ABC News
ABC News
Business
business reporter Nassim Khadem

Boomers, Generation X or Millennials: Who has it worse when it comes to buying a home and paying it off?

Peter Tulip Millennials Brendan Coates Generation X Interest Rates

When single mum Kerrie Boylett wanted to buy a home in 1995, almost all lenders turned her away.

Ms Boylett is now retired and aged 68, but back then she was 40, and had a nine-year-old daughter.

"It was a lot harder for me to get a loan as a single person and a woman — it was practically impossible," she tells ABC News.

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